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Mbathie's Group
In this Group: Mbathie, Coura
These two women are both friends and neighbours, and have formed a group. Their main activities are business and animal fattening. Mbathie is 59 years old, a married mother of five girls and three boys. She is seated on the left hand chair in the photo. She is a trader; she buys sheep and ewes which she rears. When the ewe has her lambs, she sells the males. Where there are both males and females, she sells the ewe and rears the young females until maturity, when she repeats the process.
This loan will allow her to buy five sheep and three ewes, which she will rear; it will also allow her to buy feed and medication for the animals. With the profits, she will help her family - paying for schooling, contributing to the daily expenses and the health of the children. In addition, she will use the profits to pay the interest on the loan, and to grow her savings.
View original language description ↓
Ce groupe de deux femme se sont réunies par affinité et voisinage. Leur principales activités sont le commerce et l'embouche.
Mbathie âgée de 59 ans est mariée et mère de 05 filles et de 02 garçons.
Assise sur la chaise à gauche de la photo ; elle fait du commerce;en achetant des moutons et des brebis qu'elle élève. Quand la brebis met bas; elle vend les agneaux; Au cas ou se sont des mâles et des femelles; elle vend la brebis et élève l'agnelle jusqu'à maturité et refait le même processus.
Ce crédit lui permettras d'acheter 05 moutons et 03 brebis qu'elle va élever; mais aussi des aliments pour bétail et des vaccins pour les animaux.
Avec les bénéfices générées;elle s'occupe de sa famille; en leur payant leur scolarité,en participant dans la dépense quotidienne et la santé des enfants.
Mais aussi c'est avec le bénéfice qu'elle paye ses intérêts du prêt et aussi qu'elle dépose ses épargnes.

Additional Information

About CAURIE Micro Finance

The mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Senegal

  • $1,759
    Average annual income
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 507.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mbathie's Group's $1,100 loan helped a member to buy sheep and ewes for rearing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 4, 2012
Listed
Oct 5, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013